29-Nov-2018 - Experts attending this year’s Africa infrastructure conference say the continent needs to accelerate its infrastructure development to match the continent’s growing population and rapid urbanization to achieve development goals.
The experts from multilateral development institutions observed that with rapid urbanization and a tenfold increase in water needs for energy production, there is an urgent need to mobilize more financial and technical resources for infrastructure projects and plans, to support the continent’s economic development...
29-Nov-2018 - The African Development Bank will organise a seminar focusing on investments in Africa on 29 November 2018 in Tokyo, Japan, in collaboration with Japanese private sector.
28-Nov-2018 -
Thanks to joint efforts by development partners including the African Development Bank, which invested US$45.7 million between 2003 and 2014 in water supply and sanitation projects, Mauritania is working to provide access to drinking water for its 4.3-million population, which regularly suffers severe shortages.
28-Nov-2018 - Satisfait des résultats de la mise en œuvre de la première phase du Programme d’appui aux réformes et à la résilience économique (PARRE) au Niger, le Conseil d’administration de la Banque africaine de développement a accordé, le mardi 27 novembre 2018, une nouvelle assistance financière de 28 millions de dollars, répartie en un prêt du Fonds afric
28-Nov-2018 - The year 2018 is a landmark chapter in Africa’s regional integration efforts. The launch of the African Continental Free Trade Area and the Single African Air Transport Market are major milestones in the creation of a regulatory environment that promotes air connectivity and makes it faster, easier and less expensive for Africans to travel within Africa.
28-Nov-2018 - The African Development Bank has approved a €17.96 million loan to the Republic of Cameroon to finance the construction of a Ring-Road Project in the North-West Province of the country.
The Ring Road project, which falls under phase three of the country’s Transport Sector Support Programme, aims to improve the movement of goods and people. It will also strengthen the foundations for strong and sustainable growth by promoting domestic and regional trade.
28-Nov-2018 - If you have visited Rwanda, no doubt you would have heard of Umuganda, a vast clean-up operation that takes place every last Saturday of the month. The transformative civic operation has gained the country global recognition. Umuganda means “coming together for a common purpose to achieve an outcome.”
28-Nov-2018 - As an agricultural economist, Dr. Akinwumi Adesina has been a leader in agricultural innovation for over 30 years. He has contributed greatly to food security in Africa, aimed at improving the lives of millions currently living in poverty, throughout the African continent. The Sunhak Committee acknowledges Dr. Akinwumi Adesina’s achievements in promoting Good Governance of Africa, which boosts Africa’s capacity to feed itself and transform its total economies for generating wealth for millions of rural and poor African farmers.
27-Nov-2018 - The Management Board of the African Legal Support Facility (ALSF) met on 26h November 2018 in Abidjan, Côte d’Ivoire, to discuss the 2017 ALSF Effectiveness Review and assess its operations and institutional activities in 2018.
From advisory services and capacity building and knowledge management activities to the manner in which communications are conducted, all elements of the Facility’s work were discussed. Equipped with a more insightful view of the ALSF’s previous work, the Board reviewed and adopted the Work Plan and Budget for 2019.
27-Nov-2018 - The Board of Directors of the African Development Bank has approved an additional equity investment of US$ 25 million in Trade and Development Bank (TDB) to enhance the latter’s trade, finance and infrastructure investment operations. The investment will help expand Trade and Development Bank’s diverse socio-economic development interventions in countries in situations of fragility including Burundi, Comoros, Democratic Republic of Congo, Somalia and Sudan.
27-Nov-2018 - Au cours des années 2016 et 2017, la Banque africaine de développement a accordé deux appuis budgétaires au Gabon, pour soutenir les réformes du pays destinées à rétablir sa stabilité macroéconomique après l’effondrement des cours du pétrole et à redresser ses finances.
27-Nov-2018 - As part of its Affirmative Finance Action for Women in Africa (AFAWA) program, the African Development Bank is partnering with Entreprenarium Foundation to train 1,000 women entrepreneurs in Africa.
Over the next four months, Entreprenarium will roll out training sessions on business development and financial management in five countries, beginning with Cote d’Ivoire (Abidjan) and Gabon (Libreville) on 10 December; followed by sessions in Kenya (Nairobi), South Africa (Johannesburg) and Tunisia (Tunis). The most promising projects will have...
27-Nov-2018 - Smart infrastructure investments underpinned by solid governance mechanisms and strategic partnerships, will be crucial to accelerating Africa’s regional connectivity and integration, investors and development experts said at the opening of the fourth annual Programme for Infrastructure Development (PIDA) Week in Victoria Falls, Zimbabwe.
26-Nov-2018 - The 2018 Programme for Infrastructure Development in Africa (PIDA) Week) will take place in Victoria Falls, Zimbabwe from 26 to 29 November 2018, on the theme: “PIDA Implementation through Good Governance – Realizing Smart Infrastructure for Africa’s Integration.”
26-Nov-2018 - Mozambique has made significant strides despite an economic slump over the past two years, according to the latest African Development Bank Country Result Brief.
Between 2004 and 2015, Mozambique was one of Africa’s fastest-growing economies, but a drop in GDP growth poses a number of challenges for the Southern African coastal economy.
26-Nov-2018 - Climate financing by the African Development Bank and the world’s other largest multilateral development banks rose by a record 28% to US$35.2 billion in 2017 from the previous year. This is the highest level since the annual reports of the MDBs were launched in 2011. Sub-Saharan Africa received 16 % overall of the total funds.
23-Nov-2018 - Le Niger a accompli des progrès encourageants durant la période 2012-2017 en matière de développement socio-économique, s’est félicité le Conseil d’administration de la Banque africaine de développement. Afin de consolider et amplifier ces acquis, les administrateurs ont approuvé le jeudi 22 novembre 2018, le Document de stratégie-pays (DSP) pour la période 2018-2022.
22-Nov-2018 - The African Development Bank’s Business Opportunity Seminar (BOS), an initiative to enhance private sector development in key sectors for inclusive economic transformation, is scheduled to take place at Saint George Hotel & Convention Centre, Pretoria, South Africa, 22-23 November 2018.
22-Nov-2018 - The Boards of Directors of the African Development Bank Group have approved US$322.35 million loans and grant to Burundi and Tanzania to finance the Rumonge-Gitaza (45 km) and Kabingo-Kasulu-Manyovu (260 km) road upgrading project.
21-Nov-2018 - As the African Development Bank joined the international community to observe World Toilet Day on November 19, the organization is putting considerable financial muscle into the global effort to improve toilets, and sanitation in general.